Strive CEO Matt Cole calls digital credit bigger than ETFs for Bitcoin

Strategy’s 32 BTC sale is not triggering widespread selling pressure, according to an analysis shared by Cryptoquant, but weakening profit indicators suggest investor confidence is fading as fear gains ground across the bitcoin market. Bitcoin Metrics Show Why Strategy’s BTC Sale Is Not Bearish Fear is increasingly shaping bitcoin market sentiment after Strategy (Nasdaq: MSTR) […]

Japan’s ruling party has called for the creation of the long-awaited rules for crypto exchange-traded funds (ETFs) and promotion of yen-denominated stablecoins in the region in a new proposal to the government. Related Reading: Crypto Founder Predicts This Altcoin Sweetheart Will Overtake Solana, But How Far Will It Go? Japan’s Ruling Party Pushes For Crypto […]

Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.

Toncoin price jumped as Bitcoin revisited support below $72,000. Bulls took advantage of Telegram-related news of a rebrand to GRAM token to push TON above $2.27. If buyers dominate, Toncoin could edge past $3.00 next. Toncoin rose by nearly 20% and touched highs of $2.27 on Monday, June 1, as traders digested a surprise rebrand […] The post Toncoin price soars as Telegram eyes TON’s rebrand to GRAM appeared first on CoinJournal.

Digital credit's rise could reshape Bitcoin investment strategies, offering income potential but posing risks amid Bitcoin's inherent volatility. The post Strive CEO Matt Cole calls digital credit bigger than ETFs for Bitcoin’s future appeared first on Crypto Briefing.

Bitcoin is still trading above $60,000, but there are questions as to whether that area has already become the macro bottom for this correction or whether another crash could still drag the price back into that zone. Technical analysis using Bitcoin’s weekly RSI, prior cycle support, and the 21-week and 50-week EMA trend presents the bullish side of that trend, but bears can still argue that confirmation has not arrived until Bitcoin breaks above the weekly EMA structure. Bitcoin Might Have Bottomed Already The strongest argument that Bitcoin may have already bottomed is from the weekly RSI indicator. According to the thesis shared by Cryptoposeidon on X, Bitcoin’s weekly RSI has fallen below 30 only four times in history. The first three came around the January 2015, December 2018, and June 2022 lows, all of which later became macro bottom zones. Related Reading: XRP Analyst Flags Biggest Institutional Unlock That The Market Has Ever Seen Back in January 2015, Bitcoin’s RSI fell to ab

Bitcoin kicked off June by tumbling below $71,000 for the first time since April, triggering a broader market sell-off that wiped out $627 million in leveraged positions and reduced the total crypto market cap to $2.52 trillion. Bitcoin Crashes Below $71,000 to Kick Off June Bitcoin started June on the back foot, tumbling below $71,000 […]

Strategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve.